PROJECTED INCOME STATEMENT: Sales: $1,000.00 less Cost of Goods Sold and Depreciation: $500.00 EBIT: $500.00...
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Finance
PROJECTED INCOME STATEMENT:
Sales: $1,000.00
less Cost of Goods Sold and Depreciation: $500.00
EBIT: $500.00
less Interest Expenses: $100.00
EBT: $400.00
less Taxes: $160.00
NI: $240.00
less Common Dividends: $48.00
Addition to Retained Earnings: $192.00
Sales Growth: 25.00%
COGS & Depreciation as a % of Sales: 50.00%
Interest Growth: 0.0%
Tax Rate: 40.00%
Payout Ratio: 20.00%
Dividend Growth Rate: 31.25%
1. What is forecasted cost of goods sold?
A. $315
B. $252
C. $525
D. $625
2. What is forecasted net income?
A. $525
B. $252
C. $315
D. $625
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